S. Korean shares open lower amid tensions over N

Aug 11 (Reuters) - U.S. stock indexes opened higher for the first time in four days on Friday after tepid data pointed to benign inflation that could make the Federal Reserve cautious about raising rates again this year, even as concerns lingered over rising tensions between the United States and North Korea.

Mr Trump earlier this week said North Korea would be met with "fire and fury" if it continued to threaten the US.

The yield on the 10-year Treasury bond fell to 2.2% and is approaching its lowest level of the year. Asian stocks also fell across the board, while perceived safe-haven assets gold and the Japanese yen, rose.

Amid the hot rhetoric, US stocks sold off sharply on Thursday, with the S&P 500 falling more than 1 percent.

The overall financials group, which accounts for roughly a third of the index, declined 1.4 per cent, while energy shares also fell 1.4 per cent as oil prices turned down.

The top-flight also sank lower as a number of stocks went ex-dividend, a process where new buyers no longer qualify for the latest dividend payment.

The mounting tensions between North Korea and the U.S. took its toll on the market for the third day in a row.

OIL: Benchmark U.S. crude lost 36 cents to $48.23 per barrel on the on the New York Mercantile Exchange.

"The market has been looking for an excuse to sell off and North Korea and the president gave the market that excuse", said David Schiegoleit, managing director at the U.S. Bank Private Client Wealth Management.

"I think the market was looking for a reason to come off here", said Irwin Michael, portfolio manager at ABC Funds.

Heading into Thursday, some 89 percent of the companies in the S&P 500 had reported quarterly results.

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